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  • Exam Name: Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)
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NEW QUESTION: 1
Dean Co. acquired 100% of Morey Corp. prior to 1989. During 1989, the individual companies included in their financial statements the following:

What amount should be reported as related party disclosures in the notes to Dean's 1989 consolidated financial statements?
A. $330,000
B. $150,000
C. $155,000
D. $175,000
Answer: D

NEW QUESTION: 2
Which position below is NOT a component of common equity Tier 1 capital?
A. stock surplus (share premium)
B. common shares issued by bank
C. retained earnings
D. innovative hybrid capital instruments with incentives to redeem
Answer: D

NEW QUESTION: 3
Which of the following statements about the InfoTier feature of the OceanStor 9000 are correct? (Select 2 answers)
A. This feature can be used when the storage system has different types of disks.
B. After this feature is enabled, you can set the high and low watermarks for a specified node pool.
C. The InfoTier license must be purchased.
D. This feature can be used only when the storage system has different types of nodes.
Answer: C,D

NEW QUESTION: 4



A. Option B
B. Option A
C. Option D
D. Option C
Answer: A

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